### 59081 Federal Register / Vol. 80, No. 190 / Thursday, October 1, 2015 / Proposed Rules

information about Rural Development and its programs is available on the Internet at http://www.rd.usda.gov.

How to Obtain a Copy: To obtain a copy of the proposed new RUS Form 395, Equipment Contract, use one of the following methods:

• Internet at the following Web site: http://www.rd.usda.gov/files/UTP

_ form

_ 395.pdf.

• Email/Postal: By contacting the individual listed in the **FOR FURTHER**
**INFORMATION CONTACT** section of this document.

**FOR FURTHER INFORMATION CONTACT :**  Aylene Mafnas, Chief, Engineering Branch, Policy and Outreach Division, Rural Utilities Service, Telecommunications Program, U.S. Department of Agriculture, STOP 1599, 1400 Independence Ave. SW., Washington, DC 20250–1550, Telephone number: (202) 690–4673.

**SUPPLEMENTARY INFORMATION :**  Background

Rural Development is a mission area within the U.S. Department of Agriculture comprising the Rural Utilities Service, Rural Housing Service and Rural Business/Cooperative Service. Rural Development’s mission is to increase economic opportunity and improve the quality of life for all rural Americans. Rural Development meets its mission by providing loans, loan guarantees, grants and technical assistance through more than 40 programs aimed at creating and improving housing, businesses and infrastructure throughout rural America.

The Rural Utilities Service (RUS) loan, loan guarantee and grant programs act as a catalyst for economic and community development. By financing improvements to rural electric, water and waste, and telecom and broadband infrastructure, RUS also plays a big role in improving other measures of quality of life in rural America, including public health and safety, environmental protection, conservation and cultural and historic preservation.

In order to continue to facilitate the programmatic interest of the Rural Electrification Act of 1936 (the ‘‘RE Act’’), as amended (7 U.S.C. 901 et seq. ), that loans and loans guaranteed by RUS are adequately secured, RUS has established the use of certain standardized forms for materials, equipment, and construction of electric and telecommunications systems. The use of standard forms, construction contracts, and procurement procedures help to assure that appropriate standards and specifications are maintained by the borrower in order to not adversely affect RUS’s loan security, and ensure that loan and loan guarantee funds are effectively used for the intended purpose(s).

RUS may, from time to time, promulgate new contract forms or revise or eliminate existing contract forms. In so doing, RUS is required by 7 CFR 1755.29, to publish a notice of rulemaking in the Federal Register announcing, as appropriate, a revision in, or a proposal to amend § 1755.30(c)

, List of telecommunications standard contract forms. On February 12, 2014, RUS published a proposed rule in the Federal Register , (79 FR 8327) to establish a New Equipment Contract and associated Policies for Telecommunications and Broadband Borrowers, RUS Form 395 under 7 CFR parts 1753 and 1755. RUS Form 395, reflects present business and RUS practices, as well as changes in technology, services and equipment. It has come to the attention of the Agency that the proposed rule published in the Federal Register was not clear on how or where to obtain a copy of the proposed new Equipment Contract, RUS Form 395. RUS is issuing this Request for comments to provide an opportunity for interested persons to obtain a copy of the new RUS Form 395 for their review and comment. The information collection and recordkeeping requirements associated with the new RUS Form 395 and its associated forms were submitted to OMB on February 12, 2014 and filed with comment.

The purpose of this undertaking is to improve the customer service provided by RUS’s rural telecommunications and broadband borrowers. Changes in competition, legislation, technologies, and regulation have resulted in changes to business practices in the communications industry. In response to these changes RUS has undertaken a comprehensive review of its Telecommunications and Broadband Programs’ contracts and contracting procedures.

The new Equipment Contract, RUS Form 395 and the associated close-out documents (Forms 395a, 395b, 395c and 395d) will replace the current Equipment Specific Contracts, RUS Forms 397, 398, 525, 545, and the associated close-out documents (Forms 231, 396, 396a, 517, 744, 752, 752a, and 754). The contract terms and obligations included in the new RUS Form 395, Equipment Contract, reflect current RUS and private sector industry practices, as well as changes in technology, services and equipment. The intent here is to streamline the contractual process for RUS borrowers and expedite the process of approving equipment procurement during RUS funded construction projects.

Dated: July 29, 2015. Brandon McBride, Administrator, Rural Utilities Service.
[FR Doc. 2015–25045 Filed 9–30–15; 8:45 am]

**BILLING CODE 3410–15–P**

**DEPARTMENT OF TRANSPORTATION**

**Federal Aviation Administration**

**14 CFR Part 39**

**[Docket No. FAA–2015–3585; Directorate Identifier 2015–NE–22–AD]** 

**RIN 2120–AA64**

**Airworthiness Directives; Engine Alliance Turbofan Engines** 

**AGENCY :**  Federal Aviation Administration (FAA), DOT.

**ACTION :**  Notice of proposed rulemaking (NPRM).

**SUMMARY :**  We propose to adopt a new airworthiness directive (AD) for certain Engine Alliance (EA) GP7270 turbofan engines. This proposed AD was prompted by the manufacturer informing us that the inspection and repair criteria in the maintenancemanual for aft bolt holes of the highpressure compressor (HPC) cone shaft on the affected engines is incorrect. This proposed AD would require inspection of the HPC cone shaft and repair of affected parts, if needed. We are proposing this AD to prevent failure of the HPC cone shaft, which could lead to uncontained engine failure and damage to the airplane.

**DATES :**  We must receive comments on this proposed AD by November 30,
2015.

**ADDRESSES :**  You may send comments, using the procedures found in 14 CFR 11.43 and 11.45, by any of the following methods:

• Federal eRulemaking Portal: Go to http://www.regulations.gov. Follow the instructions for submitting comments.

• Fax: 202–493–2251.

• Mail: U.S. Department of Transportation, Docket Operations, M–30, West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE., Washington, DC 20590.

• Hand Delivery: Deliver to Mail address above between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays.

For service information identified in this proposed AD, contact Engine Alliance, 400 Main St., East Hartford, CT 06108, M/S 169–10, phone: 800–


### 59082 Federal Register / Vol. 80, No. 190 / Thursday, October 1, 2015 / Proposed Rules

565–0140; email: help24@pw.utc.com; Web site: sp.engineallianceportal.com. You may view this service information at the FAA, Engine & Propeller Directorate, 12 New England Executive Park, Burlington, MA. For information on the availability of this material at the FAA, call 781–238–7125. Examining the AD Docket

You may examine the AD docket on the Internet at http:// www.regulations.gov by searching for and locating Docket No. FAA–2015– 3585; or in person at the Docket Management Facility between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. The AD docket contains this proposed AD, the regulatory evaluation, any comments received, and other information. The street address for the Docket Office (phone: 800–647–5527) is in the

**ADDRESSES** section. Comments will be available in the AD docket shortly after receipt.

**FOR FURTHER INFORMATION CONTACT :**  Martin Adler, Aerospace Engineer, Engine & Propeller Directorate, FAA, 12 New England Executive Park, Burlington, MA 01803; phone: 781– 238–7157; fax: 781–238–7199; email: martin.adler@faa.gov.

**SUPPLEMENTARY INFORMATION :** 
Comments Invited

We invite you to send any written relevant data, views, or arguments about this proposal. Send your comments to an address listed under the **ADDRESSES** section. Include ‘‘Docket No. FAA– 2015–3585; Directorate Identifier 2015– NE–22–AD’’ at the beginning of your comments. We specifically invite comments on the overall regulatory, economic, environmental, and energy aspects of this proposed AD. We will consider all comments received by the closing date and may amend this proposed AD because of those
comments.

We will post all comments we receive, without change, to http:// www.regulations.gov, including any personal information you provide. We will also post a report summarizing each substantive verbal contact we receive about this proposed AD.

Discussion

We learned from the manufacturer that the inspection criteria and the repair procedures for the aft bolt holes of the HPC cone shaft, also referred to as the ‘‘HPC forward stub shaft,’’ were listed incorrectly in the maintenance manual for the Engine Alliance GP7270 turbofan engines. HPC cone shafts inspected or repaired using the incorrect criteria in the maintenance manual could result in premature cracking of these parts. This condition, if not corrected, could result in failure of the HPC cone shaft, which could lead to uncontained engine failure and damage to the airplane.

Relevant Service Information Under 1 CFR Part 51

Engine Alliance has issued EA Service Bulletin (SB) No. EAGP7–72– 329, dated July 21, 2015; and EA SB No. EAGP7–72–330, dated July 21, 2015. The SBs describe procedures for shotpeening and inspection of the HPC cone shaft. This service information is reasonably available because the interested parties have access to it through their normal course of business or by the means identified in the

**ADDRESSES** section of this NPRM.

FAA’s Determination

We are proposing this AD because we evaluated all the relevant information and determined the unsafe condition described previously is likely to exist or develop in other products of the same type design. Proposed AD Requirements

This proposed AD would require inspection of the HPC cone shaft and repair of affected parts, if needed. Costs of Compliance

We estimate that this proposed AD affects zero engines installed on airplanes of U.S. registry. The average labor rate is $85 per hour. Based on these figures, we estimate the cost of this proposed AD on U.S. operators to be $0. Authority for This Rulemaking

Title 49 of the United States Code specifies the FAA’s authority to issue rules on aviation safety. Subtitle I, section 106, describes the authority of the FAA Administrator. Subtitle VII: Aviation Programs, describes in more detail the scope of the Agency’s authority.

We are issuing this rulemaking under the authority described in Subtitle VII, Part A, Subpart III, Section 44701: ‘‘General requirements.’’ Under that section, Congress charges the FAA with promoting safe flight of civil aircraft in air commerce by prescribing regulations for practices, methods, and procedures the Administrator finds necessary for safety in air commerce. This regulation is within the scope of that authority because it addresses an unsafe condition that is likely to exist or develop on products identified in this rulemaking action. Regulatory Findings We determined that this proposed AD would not have federalism implications under Executive Order 13132. This proposed AD would not have a substantial direct effect on the States, on the relationship between the national Government and the States, or on the distribution of power and responsibilities among the various levels of government.

For the reasons discussed above, I certify this proposed regulation:

(1) Is not a ‘‘significant regulatory action’’ under Executive Order 12866,

(2) Is not a ‘‘significant rule’’ under the DOT Regulatory Policies and Procedures (44 FR 11034, February 26, 1979),

(3) Will not affect intrastate aviation in Alaska to the extent that it justifies making a regulatory distinction, and

(4) Will not have a significant economic impact, positive or negative, on a substantial number of small entities under the criteria of the Regulatory Flexibility Act. List of Subjects in 14 CFR Part 39

Air transportation, Aircraft, Aviation safety, Incorporation by reference, Safety. The Proposed Amendment

Accordingly, under the authority delegated to me by the Administrator, the FAA proposes to amend 14 CFR part 39 as follows:

**PART 39—AIRWORTHINESS DIRECTIVES** 

■ 1. The authority citation for part 39 continues to read as follows:

Authority: 49 U.S.C. 106(g), 40113, 44701.

**§ 39.13 [Amended]**

■ 2. The FAA amends § 39.13 by adding the following new airworthiness directive (AD):
Engine Alliance: Docket No. FAA–2015– 3585; Directorate Identifier 2015–NE– 22–AD.
(a) Comments Due Date

We must receive comments by November 30, 2015.
(b) Affected ADs

None. (c) Applicability

This AD applies to Engine Alliance (EA)GP7270 turbofan engines with a highpressure compressor (HPC) cone shaft, part number (P/N) 382–100–907–0, installed.

(d) Unsafe Condition

This AD was prompted by the manufacturer informing us that the inspection and repair criteria in the


### 59083 Federal Register / Vol. 80, No. 190 / Thursday, October 1, 2015 / Proposed Rules

maintenance manual for aft bolt holes of the HPC cone shaft on the affected engines is incorrect. We are issuing this AD to prevent failure of the HPC cone shaft, which could lead to uncontained engine failure and damage to the airplane.
(e) Compliance

Comply with this AD within the compliance times specified, unless already done.

(1) For HPC cone shafts with serial numbers listed in EA Service Bulletin (SB) No. EAGP7–72–330, dated July 21, 2015, inspect the inner diameter of the HPC cone shaft aft bolt holes for nicks, dents, and scratches before accumulating 9,000 cycles since new (CSN). Do not reinstall the HPC cone shaft if the aft bolt hole has a nick, dent, or scratch that is greater than 0.002 inches in depth.

(2) For HPC cone shafts with serial numbers listed in EA SB No. EAGP7–72–329, dated July 21, 2015, shot peen the HPC cone shaft aft bolt holes before accumulating 9,000 CSN. Use paragraph 1 of the Accomplishment Instructions in EA SB No. EAGP7–72–329 to do the shotpeening.

(f) Installation Prohibition

After the effective date of this AD, do not install an HPC cone shaft onto an engine with the following:

(1) A nick, dent, or scratch in an HPC cone shaft aft bolt hole that is greater than 0.002 inches in depth; or

(2) any repair of an HPC cone shaft aft bolt hole that did not include shot peening.
(g) Alternative Methods of Compliance (AMOCs)

The Manager, Engine Certification Office, may approve AMOCs for this AD. Use the procedures found in 14 CFR 39.19 to make your request. You may email your request to: ANE-AD-AMOC@faa.gov.

(h) Related Information

(1) For more information about this AD, contact Martin Adler, Aerospace Engineer, Engine & Propeller Directorate, FAA, 12 New England Executive Park, Burlington, MA 01803; phone: 781–238–7157; fax: 781–238– 7199; email: martin.adler@faa.gov.

(2) EA SB No. EAGP7–72–329, dated July 21, 2015; and EA SB No. EAGP7–72–330, dated July 21, 2015, can be obtained from EA using the contact information in paragraph (h)(3) of this proposed AD.

(3) For service information identified in this AD, contact Engine Alliance, 400 Main St., East Hartford, CT 06108, M/S 169–10; phone: 800–565–0140; email: help24@ pw.utc.com; Web site: sp.engineallianceportal.com.

(4) You may view this service information at the FAA, Engine & Propeller Directorate, 12 New England Executive Park, Burlington, MA. For information on the availability of this material at the FAA, call 781–238–7125. Issued in Burlington, Massachusetts, on September 24, 2015. Colleen M. D’Alessandro, Directorate Manager, Engine & Propeller Directorate, Aircraft Certification Service.
[FR Doc. 2015–24731 Filed 9–30–15; 8:45 am]

**BILLING CODE 4910–13–P**

**SECURITIES AND EXCHANGE COMMISSION** 

**17 CFR Part 210**

**[Release No. 33–9929; 34–75985; IC–31849; File No. S7–20–15]** 

**Request for Comment on the Effectiveness of Financial Disclosures**  **About Entities Other Than the Registrant** 

**AGENCY :**  Securities and Exchange Commission.

**ACTION :**  Request for comment.

**SUMMARY :**  The Commission is publishing this request for comment to seek public comment regarding the financial disclosure requirements in Regulation S–X for certain entities other than a registrant. These disclosure requirements require registrants to provide financial information about acquired businesses, subsidiaries not consolidated and 50 percent or less owned persons, guarantors and issuers of guaranteed securities, and affiliates whose securities collateralize registered securities. This request for comment is related to an initiative by the Division of Corporation Finance to review the disclosure requirements applicable to public companies to consider ways to improve the requirements for the benefit of investors and public companies.

**DATES :**  Comments should be received on or before November 30, 2015.

**ADDRESSES :**  Comments may be submitted by any of the following methods:

Electronic Comments

• Use the Commission’s Internet comment form ( http://www.sec.gov/ rules/other.shtml); or

• Send an email to rule-comments@
sec.gov. Please include File Number S7– 20–15 on the subject line; or

• Use the Federal eRulemaking Portal (http://www.regulations.gov ). Follow the instructions for submitting comments.
Paper Comments

• Send paper comments to Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC
20549–1090. All submissions should refer to File Number S7–20–15. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method of submission. The Commission will post all comments on the Commission’s Web site ( http:// www.sec.gov/rules/other.shtml). Comments also are available for Web site viewing and printing in the Commission’s Public Reference Room, 100 F Street NE., Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make publicly available.

**FOR FURTHER INFORMATION CONTACT :**  Todd E. Hardiman, Associate Chief Accountant, at (202) 551–3516, Division of Corporation Finance; Duc Dang, Special Counsel, at (202) 551–3386, Office of the Chief Accountant; or Matthew Giordano, Chief Accountant, at (202) 551–6892, Division of Investment Management, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549.

**SUPPLEMENTARY INFORMATION :** 
Table of Contents

I. Introduction II. Rule 3–05 of Regulation S–X—Financial Statements of Businesses Acquired or To Be Acquired and Related Requirements A. Current Rule 3–05 Disclosure and

Related Requirements 1. Content of the Rule 3–05 Disclosure and

Related Requirements 2. Tests for Determining Disclosure

Required by Rule 3–05 and Related Requirements III. Rule 3–09 of Regulation S–X—Separate Financial Statements of Subsidiaries Not Consolidated and 50 Percent or Less Owned Persons and Related Requirements A. Current Rule 3–09 Disclosure and

Related Requirements B. Consideration of Current Rule 3–09

Disclosure and Related Requirements 1. Content of the Rule 3–09 Disclosure and

Related Requirements 2. Tests for Determining Disclosure

Required by Rule 3–09 and Related Requirements IV. Rule 3–10 of Regulation S–X—Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered A. Current Rule 3–10 Disclosure and

Related Requirements B. Consideration of Current Rule 3–10

Disclosure and Related Requirements 1. Content of the Rule 3–10 Alternative

Disclosure 2. Conditions To Providing Alternative

Disclosure